PPS&V Asset Management Consultants Inc. Sells 295 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

PPS&V Asset Management Consultants Inc. cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,714 shares of the company’s stock after selling 295 shares during the period. PPS&V Asset Management Consultants Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $297,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares in the last quarter. FPC Investment Advisory Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. Cambridge Financial Group Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. Joseph Group Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $29,000. Finally, Bridge Generations Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $179.52 on Friday. The firm has a market cap of $72.57 billion, a price-to-earnings ratio of 20.59 and a beta of 0.99. The stock’s 50-day moving average is $171.19 and its 200-day moving average is $175.78. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $188.16.

Invesco S&P 500 Equal Weight ETF Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).